Finance News: Latest Financial News, Finance News today in Bangladesh

Brunei wants to sell LNG to Bangladesh

Gas-rich Brunei is interested to supply liquefied natural gas (LNG) to Bangladesh amid the country's mounting natural gas demand.Brunei's High Commissioner to Bangladesh Haji Haris Othman has expressed the interest during a courtesy call on state minister for Power, Energy and Mineral Resources Nasrul Hamid in the secretariat on Sunday.Brunei...

Bajaj Auto Ltd Vice President Milind Bade

(From L) Bajaj Auto Ltd Vice President Milind Bade, Chairman & Managing Director of Uttara Motors Ltd Matiur Rahman, and CEOs of Bajaj Division of Uttara Motors Kazi Imdad Hossain and Dileep Banerjee posing for photo standing beside a 'Pulsar NS160 FI-ABS', the latest motorbike of Bajaj which was unveiled...

Govt to develop shipping sector utilising blue economy: Khalid

The government wants to flourish the country's shipping sector utilising the blue economy, said State Minister for Shipping Khalid Mahmud Chowdhury at an event in Narayanganj on Sunday, reports BSS.He was addressing the inaugural ceremony of construction work of 45 terminal pontoons at Ananda Shipyard at Meghnaghat here, said a...

CTO forum starts in city today

The Commonwealth Telecommuni-cations Organization (CTO) Council Meeting, and ICT and Telecommuni-cations Forum begins in the capital today (Monday) with the theme "Towards a Digital Commonwealth".Posts and Telecommunications Minister Mustafa Jabbar is scheduled to inaugurate the 59th edition of the CTO council meeting and annual forum at Hotel InterContinental, said a...

Md Obayed Ullah Al Masud

Rupali Bank Limited Managing Director and CEO Md Obayed Ullah Al Masud (extreme right) speaking at a Milad and Doa Mahfil organised by the bank at its head office in the city on Saturday marking the 73rd birth anniversary of Prime Minister Sheikh Hasina

VAT exemption for AUW

Asian University for Women (AUW) has been given value added tax (VAT) exemption for place and house rent for the sake of expanding women's education in the country, reports BSS.The National Board of Revenue (NBR) issued a Statutory Regulatory Order (SRO) to this end last week saying, the AUW has...

S Arabia to invest $100b in India

NEW DELHI, Sep 29 (PTI): Saudi Arabia, the world's biggest oil exporter, is looking at investing USD 100 billion in India in areas of petrochemicals, infrastructure and mining among others, considering the country's growth potential.Saudi Ambassador Dr Saud bin Mohammed Al Sati has said India is an an attractive investment...

Japan hikes consumption tax, despite recession fears

TOKYO, Sept 29 (AFP): From October 01, Japan finally implements a much-delayed consumption tax hike, raising the rate from eight per cent to 10 per cent, despite fears the move could cause a recession.The worries have receded somewhat in recent months, and the government insists the increase is necessary to...

Chinese cos facing many difficulties due to trade frictions

BEIJING, Sept 29 (Reuters): Chinese companies are facing many difficulties due to trade frictions, Commerce Minister Zhong Shan said on Sunday.The United States and China have been locked in an escalating trade war for over a year. They have levied punitive duties on hundreds of billions of dollars of each...

Brexit takes wrecking ball to British housing mkt

LONDON, Sept 29 (AFP): As Britain's deadline to leave the European Union approaches, property prices have slowed or dropped, especially in London, with sector analysts warning of worse to come if Britain crashes out of the bloc without a deal."The market is at a standstill," said Beatrice Caboche, director at...